NEXI SPA (NEXI.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:NEXI - IT0005366767 - Common Stock
3.993 EUR
+0.05 (+1.4%)
We assign a fundamental rating of 5 out of 10 to NEXI. NEXI was compared to 53 industry peers in the Financial Services industry. Both the profitability and the financial health of NEXI get a neutral evaluation. Nothing too spectacular is happening here. NEXI has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year NEXI was profitable.
In the past year NEXI had a positive cash flow from operations.
NEXI had positive earnings in 4 of the past 5 years.
Each year in the past 5 years NEXI had a positive operating cash flow.
1.2 Ratios
NEXI has a Return On Assets (0.68%) which is in line with its industry peers.
Looking at the Return On Equity, with a value of 1.58%, NEXI is in line with its industry, outperforming 49.06% of the companies in the same industry.
NEXI has a Return On Invested Capital (1.39%) which is in line with its industry peers.
NEXI had an Average Return On Invested Capital over the past 3 years of 1.03%. This is significantly below the industry average of 8.63%.
The 3 year average ROIC (1.03%) for NEXI is below the current ROIC(1.39%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.68% | ||
| ROE | 1.58% | ||
| ROIC | 1.39% |
ROA(3y)-0.86%
ROA(5y)-0.08%
ROE(3y)-2.09%
ROE(5y)0.46%
ROIC(3y)1.03%
ROIC(5y)1.15%
1.3 Margins
The Profit Margin of NEXI (2.85%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of NEXI has declined.
NEXI has a Operating Margin of 7.08%. This is comparable to the rest of the industry: NEXI outperforms 47.17% of its industry peers.
In the last couple of years the Operating Margin of NEXI has grown nicely.
With a Gross Margin value of 57.47%, NEXI perfoms like the industry average, outperforming 58.49% of the companies in the same industry.
In the last couple of years the Gross Margin of NEXI has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.08% | ||
| PM (TTM) | 2.85% | ||
| GM | 57.47% |
OM growth 3Y63.82%
OM growth 5Y17.09%
PM growth 3Y28.31%
PM growth 5Y-21%
GM growth 3Y1.91%
GM growth 5Y0.61%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so NEXI is destroying value.
The number of shares outstanding for NEXI has been reduced compared to 1 year ago.
Compared to 5 years ago, NEXI has more shares outstanding
NEXI has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.17, we must say that NEXI is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.17, NEXI is in line with its industry, outperforming 43.40% of the companies in the same industry.
The Debt to FCF ratio of NEXI is 10.65, which is on the high side as it means it would take NEXI, 10.65 years of fcf income to pay off all of its debts.
NEXI has a Debt to FCF ratio (10.65) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.53 indicates that NEXI is somewhat dependend on debt financing.
The Debt to Equity ratio of NEXI (0.53) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 10.65 | ||
| Altman-Z | 1.17 |
ROIC/WACC0.21
WACC6.7%
2.3 Liquidity
A Current Ratio of 1.68 indicates that NEXI should not have too much problems paying its short term obligations.
NEXI has a better Current ratio (1.68) than 64.15% of its industry peers.
NEXI has a Quick Ratio of 1.68. This is a normal value and indicates that NEXI is financially healthy and should not expect problems in meeting its short term obligations.
NEXI has a Quick ratio of 1.68. This is in the better half of the industry: NEXI outperforms 69.81% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.68 | ||
| Quick Ratio | 1.68 |
3. Growth
3.1 Past
NEXI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 119.23%, which is quite impressive.
Measured over the past years, NEXI shows a decrease in Earnings Per Share. The EPS has been decreasing by -7.37% on average per year.
The Revenue has been growing slightly by 6.48% in the past year.
Measured over the past years, NEXI shows a very strong growth in Revenue. The Revenue has been growing by 32.10% on average per year.
EPS 1Y (TTM)119.23%
EPS 3Y55.36%
EPS 5Y-7.37%
EPS Q2Q%441%
Revenue 1Y (TTM)6.48%
Revenue growth 3Y28.05%
Revenue growth 5Y32.1%
Sales Q2Q%7.96%
3.2 Future
NEXI is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.76% yearly.
NEXI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.64% yearly.
EPS Next Y13.61%
EPS Next 2Y11.41%
EPS Next 3Y10.78%
EPS Next 5Y13.76%
Revenue Next Year2.56%
Revenue Next 2Y3.02%
Revenue Next 3Y3.45%
Revenue Next 5Y4.64%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
NEXI is valuated quite expensively with a Price/Earnings ratio of 26.62.
Compared to the rest of the industry, the Price/Earnings ratio of NEXI is on the same level as its industry peers.
NEXI's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.46.
Based on the Price/Forward Earnings ratio of 5.42, the valuation of NEXI can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NEXI indicates a rather cheap valuation: NEXI is cheaper than 90.57% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 36.10. NEXI is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.62 | ||
| Fwd PE | 5.42 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NEXI is valued a bit cheaper than the industry average as 75.47% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of NEXI indicates a rather cheap valuation: NEXI is cheaper than 81.13% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.28 | ||
| EV/EBITDA | 6.27 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates NEXI does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)1.96
PEG (5Y)N/A
EPS Next 2Y11.41%
EPS Next 3Y10.78%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.29%, NEXI is a good candidate for dividend investing.
The stock price of NEXI dropped by -24.03% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 3.41, NEXI pays a better dividend. On top of this NEXI pays more dividend than 92.45% of the companies listed in the same industry.
NEXI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.29% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
NEXI pays out 187.58% of its income as dividend. This is not a sustainable payout ratio.
DP187.58%
EPS Next 2Y11.41%
EPS Next 3Y10.78%
BIT:NEXI (12/5/2025, 7:00:00 PM)
3.993
+0.05 (+1.4%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners18.67%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap4.68B
Revenue(TTM)5.88B
Net Income(TTM)167.36M
Analysts77.27
Price Target5.95 (49.01%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.29% |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP187.58%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-16.06%
PT rev (3m)-15.24%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)1.5%
EPS NY rev (3m)1.58%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.22%
Revenue NY rev (3m)-0.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.62 | ||
| Fwd PE | 5.42 | ||
| P/S | 0.8 | ||
| P/FCF | 7.28 | ||
| P/OCF | 4.38 | ||
| P/B | 0.44 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.27 |
EPS(TTM)0.15
EY3.76%
EPS(NY)0.74
Fwd EY18.43%
FCF(TTM)0.55
FCFY13.74%
OCF(TTM)0.91
OCFY22.85%
SpS5.02
BVpS9.02
TBVpS-4.6
PEG (NY)1.96
PEG (5Y)N/A
Graham Number5.52
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.68% | ||
| ROE | 1.58% | ||
| ROCE | 1.86% | ||
| ROIC | 1.39% | ||
| ROICexc | 1.61% | ||
| ROICexgc | 10.24% | ||
| OM | 7.08% | ||
| PM (TTM) | 2.85% | ||
| GM | 57.47% | ||
| FCFM | 10.94% |
ROA(3y)-0.86%
ROA(5y)-0.08%
ROE(3y)-2.09%
ROE(5y)0.46%
ROIC(3y)1.03%
ROIC(5y)1.15%
ROICexc(3y)1.05%
ROICexc(5y)1.18%
ROICexgc(3y)4.14%
ROICexgc(5y)4.26%
ROCE(3y)1.85%
ROCE(5y)2.32%
ROICexgc growth 3Y85.42%
ROICexgc growth 5Y23.49%
ROICexc growth 3Y107.74%
ROICexc growth 5Y13.46%
OM growth 3Y63.82%
OM growth 5Y17.09%
PM growth 3Y28.31%
PM growth 5Y-21%
GM growth 3Y1.91%
GM growth 5Y0.61%
F-Score7
Asset Turnover0.24
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 10.65 | ||
| Debt/EBITDA | 4.21 | ||
| Cap/Depr | 46.06% | ||
| Cap/Sales | 7.25% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 79.73% | ||
| Profit Quality | 384.47% | ||
| Current Ratio | 1.68 | ||
| Quick Ratio | 1.68 | ||
| Altman-Z | 1.17 |
F-Score7
WACC6.7%
ROIC/WACC0.21
Cap/Depr(3y)42.35%
Cap/Depr(5y)56.56%
Cap/Sales(3y)8.77%
Cap/Sales(5y)9%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)119.23%
EPS 3Y55.36%
EPS 5Y-7.37%
EPS Q2Q%441%
EPS Next Y13.61%
EPS Next 2Y11.41%
EPS Next 3Y10.78%
EPS Next 5Y13.76%
Revenue 1Y (TTM)6.48%
Revenue growth 3Y28.05%
Revenue growth 5Y32.1%
Sales Q2Q%7.96%
Revenue Next Year2.56%
Revenue Next 2Y3.02%
Revenue Next 3Y3.45%
Revenue Next 5Y4.64%
EBIT growth 1Y7.2%
EBIT growth 3Y109.78%
EBIT growth 5Y54.68%
EBIT Next Year54.05%
EBIT Next 3Y20.09%
EBIT Next 5Y15.08%
FCF growth 1Y594.19%
FCF growth 3Y131.82%
FCF growth 5Y109.91%
OCF growth 1Y174.5%
OCF growth 3Y44.33%
OCF growth 5Y40.14%
NEXI SPA / NEXI.MI FAQ
What is the fundamental rating for NEXI stock?
ChartMill assigns a fundamental rating of 5 / 10 to NEXI.MI.
What is the valuation status of NEXI SPA (NEXI.MI) stock?
ChartMill assigns a valuation rating of 5 / 10 to NEXI SPA (NEXI.MI). This can be considered as Fairly Valued.
How profitable is NEXI SPA (NEXI.MI) stock?
NEXI SPA (NEXI.MI) has a profitability rating of 5 / 10.
What is the valuation of NEXI SPA based on its PE and PB ratios?
The Price/Earnings (PE) ratio for NEXI SPA (NEXI.MI) is 26.62 and the Price/Book (PB) ratio is 0.44.
How sustainable is the dividend of NEXI SPA (NEXI.MI) stock?
The dividend rating of NEXI SPA (NEXI.MI) is 5 / 10 and the dividend payout ratio is 187.58%.